Royal Bank Of Canada (RY) Non Operating Interest Expenses (2009 - 2026)
Royal Bank Of Canada (RY) recorded Non Operating Interest Expenses of $12.8 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 1.0% from $12.92 billion a year earlier but up 6.2% from the prior quarter.
Royal Bank Of Canada (RY) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Royal Bank Of Canada's Non Operating Interest Expenses came in at $50.19 billion as of Jul 31, 2026, down 2.8% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $50.59 billion, down 10.6% from FY2024.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of 37.1% (FY2020 to FY2025).
- Across earlier fiscal years, Non Operating Interest Expenses came in at $56.59 billion in FY2024 (+23.3%), $45.88 billion in FY2023 (+226.9%), $14.04 billion in FY2022 (+116.7%) and $6.48 billion in FY2021 (-38.0%).
- Quarterly Non Operating Interest Expenses has ranged from $1.55 billion in fiscal Q4 2021 to $14.43 billion in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses rose in two of the last eight quarters, with an average decline of 5.2%.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 485.0% in fiscal Q1 2023, against a decline of 16.3% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $12.05 billion (Q2 2026), $12.62 billion (Q1 2026) and $12.72 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | American Express | 205.34 Bn | -2.83 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.80 Bn |
| Apr 30, 2026 | 12.05 Bn |
| Jan 31, 2026 | 12.62 Bn |
| Oct 31, 2025 | 12.72 Bn |
| Jul 31, 2025 | 12.92 Bn |
| Apr 30, 2025 | 11.89 Bn |
| Jan 31, 2025 | 13.04 Bn |
| Oct 31, 2024 | 13.79 Bn |
| Jul 31, 2024 | 14.43 Bn |
| Apr 30, 2024 | 14.11 Bn |
| Jan 31, 2024 | 14.26 Bn |
| Oct 31, 2023 | 13.25 Bn |
| Jul 31, 2023 | 12.40 Bn |
| Apr 30, 2023 | 10.51 Bn |
| Jan 31, 2023 | 9.74 Bn |
| Oct 31, 2022 | 6.49 Bn |
| Jul 31, 2022 | 3.77 Bn |
| Apr 30, 2022 | 1.96 Bn |
| Jan 31, 2022 | 1.66 Bn |
| Oct 31, 2021 | 1.55 Bn |
Royal Bank Of Canada Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();